About SourcePro
SourcePro is a company based in Ahmedabad (India) founded in 1992 by Rajesh Shah. SourcePro has raised $961.08 thousand across 3 funding rounds from investors including Tridhya Tech, Shaligram Infotech and Dipalee Ameet Desai. The company has 48 employees as of March 30, 2024. SourcePro offers products and services including New Horizon Enterprise and New Horizon Premier. SourcePro operates in a competitive market with competitors including Infor, Sage Group, Acumatica, The Access Group and MYOB, among others.
- Headquarter Ahmedabad, India
- Employees 48 as on 30 Mar, 2024
- Founders Rajesh Shah
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Sourcepro Infotech Private Limited
- Date of Incorporation 16 Jun, 1992
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$675.48 K (USD)6.03as on Mar 31, 2023
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Net Profit
$8.85 K (USD)53.27as on Mar 31, 2023
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EBITDA
$138.44 K (USD)6.2as on Mar 31, 2023
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Total Equity Funding
$961.08 K (USD)
in 3 rounds
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Latest Funding Round
$242.66 K (USD), Unspecified
Jul 12, 2023
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Investors
Tridhya Tech
& 4 more
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Employee Count
48
as on Mar 30, 2024
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Products & Services of SourcePro
SourcePro offers a comprehensive portfolio of products and services, including New Horizon Enterprise and New Horizon Premier.
Cloud-based ERP solution for enterprise resource planning and business integration.
Advanced ERP platform for streamlining manufacturing and service operations.
People of SourcePro
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Funding Insights of SourcePro
SourcePro has successfully raised a total of $961.08K across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $242.66 thousand completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in SourcePro
SourcePro has secured backing from 5 investors, including angel and institutional investors. Prominent investors backing the company include Tridhya Tech, Shaligram Infotech and Dipalee Ameet Desai.
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Offers software development, web apps, mobile apps, and IT support for businesses globally.
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Provides executive search, HR consulting, and talent management services worldwide.
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Investor details for SourcePro
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Investments & Acquisitions by SourcePro
Investment portfolio details for SourcePro
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Financial Statements - SourcePro
Detailed financials for SourcePro
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Sourcepro Comparisons
Peer comparison for SourcePro
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Competitors of SourcePro
SourcePro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Infor, Sage Group, Acumatica, The Access Group and MYOB, among others.
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Cloud-based ERP software is offered for multiple industries.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based ERP software is offered for small and medium enterprises.
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Cloud-based ERP software is offered for multiple industries.
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Cloud-based accounting and ERP software is provided for businesses.
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ERP services for small to medium-sized businesses are provided.
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Detailed competitors of SourcePro
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Latest news on Sourcepro
Complete news archive for SourcePro
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Frequently Asked Questions about SourcePro
SourcePro was founded in 1992 and raised its 1st funding round 28 years after it was founded.
SourcePro is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Chetan Turakhia is the current CEO of SourcePro.
SourcePro is a funded company, having raised a total of $961.08K across 3 funding rounds to date.
As of Mar 30, 2024, the latest employee count at SourcePro is 48.
Annual revenue of SourcePro is $675.48K as on Mar 31, 2023.
SourcePro was founded in 1992 in Ahmedabad, India. Cloud-based and on-premises ERP software is provided for small and medium enterprises in various industries. Core modules cover planning, engineering, finance, purchase, sales, production, quality control, excise, store and inventory management, plant maintenance, sub-contracting, and analytics. Warehouse operations are also supported through integrated tools.
SourcePro's top competitors include The Access Group, Infor and Sage Group.
SourcePro offers New Horizon Enterprise and New Horizon Premier.
SourcePro has 5 investors. Key investors include Tridhya Tech, Shaligram Infotech, Dipalee Ameet Desai, Positive Moves, and Sushil Mehta.
The valuation of SourcePro is $5.16M as of Jul 2023.